The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 7.8 hours Standard variable overhead rate $14.20 per hour The following data pertain to operations for the last month: 2,825 hours $40,835 Actual hours Actual total variable manufacturing overhead cost Actual output 250 units What is the variable overhead efficiency variance for the month? Multiple Choice $13,145 U $12,425 U $720 U $27,690 F
The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 7.8 hours Standard variable overhead rate $14.20 per hour The following data pertain to operations for the last month: 2,825 hours $40,835 Actual hours Actual total variable manufacturing overhead cost Actual output 250 units What is the variable overhead efficiency variance for the month? Multiple Choice $13,145 U $12,425 U $720 U $27,690 F
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output
Standard variable overhead rate
7.8 hours
$14.20 per hour
The following data pertain to operations for the last month:
2,825 hours
$40,835
Actual hours
Actual total variable manufacturing overhead cost
Actual output
250 units
What is the variable overhead efficiency variance for the month?
Multiple Choice
$13,145 U
O $12,425 U
$720 U
$27,690 F](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc117b591-fc01-410c-85a3-7686fc373b79%2F4c8910c0-61f7-4196-9e39-f551d5584038%2Funigxg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output
Standard variable overhead rate
7.8 hours
$14.20 per hour
The following data pertain to operations for the last month:
2,825 hours
$40,835
Actual hours
Actual total variable manufacturing overhead cost
Actual output
250 units
What is the variable overhead efficiency variance for the month?
Multiple Choice
$13,145 U
O $12,425 U
$720 U
$27,690 F
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